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Global FX Market Summary: The “Ceasefire-Shift”…

US-Iran ceasefire talks boost risk sentiment, though high oil prices and resilient US data maintain “higher-for-longer” Fed rate expectations. The Geopolitical Pivot: A Fragile Peace on the Horizon The global financial stage is currently dominated by a high-stakes diplomatic gamble as the United States and Iran move toward a potential 45-day ceasefire. This shift from

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India’s AC boom isn’t here yet: why cooling stocks are lagging

Despite scorching summers and rising temperatures across India, air conditioner makers like Voltas and Blue Star have struggled to translate long-term potential into consistent stock performance. Over the past year, Voltas shares have declined about 8%, while Blue Star has fallen nearly 28%. This underperformance comes at a time when India’s AC penetration remains just

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WTI crude oil price forecast: Kalshi poll sees it hitting $150 in 2026

The WTI crude oil price will be in the spotlight this week as the US war against Iran escalates. It ended the week at $112.08, up by over 104% from its lowest level this year. Futures on Hyperliquid quoted the price at $112.15, with its open interest rising to $575 million. WTI crude oil in

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Foxconn Q1 revenue jumps 29.7% on AI demand

Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, reported a sharp rise in first-quarter revenue. The strong numbers were supported by surging demand for artificial intelligence infrastructure — even as the company sounded a note of caution over what it described as a “volatile” global political and economic environment. Revenue for the January-to-March quarter climbed

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Iran war impact: how global travel plans and tourist destinations are changing

Global travel patterns are undergoing a swift recalibration as the escalating conflict in the Middle East disrupts flight routes, dampens consumer confidence, and forces holidaymakers to rethink their plans. Travel companies across Europe are reporting cancellations, weaker demand in affected regions, and a noticeable pivot toward alternative destinations, even as overall appetite for travel remains

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CFTC takes Illinois, Arizona, Connecticut to court over prediction market oversight

US federal regulators filed lawsuits against Illinois, Arizona, and Connecticut over who controls prediction markets, pushing back against state-level enforcement actions. The Commodity Futures Trading Commission, alongside the U.S. Department of Justice, launched separate legal actions on Thursday, arguing that state authorities have stepped beyond their remit by targeting platforms the agency considers federally regulated. 

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SOL risks falling below $70 amid bearish crossover despite SoFi expansion

Solana (SOL) is facing a tense moment as technical signals and recent ecosystem developments paint a mixed picture. Despite notable strides in institutional adoption, the cryptocurrency shows signs of short-term weakness that could push its price toward critical lower levels. Bearish technical signals put SOL at risk The price of SOL has recently hovered around

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One year on, did Trump’s Liberation Day tariffs make America wealthier?

Just over a year ago, on April 2, 2025, US President Donald Trump walked into the White House Rose Garden holding a large placard and signed what he called a declaration of economic independence. He called it Liberation Day. The US President promised it would make America wealthy, bring factories roaring back, and force the

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XRP price prediction: What next for the falling Ripple token?

XRP price has pulled back in the past few months and constantly remains in a technical bear market as demand from investors continues falling. Ripple token was trading at $1.3115 on Friday, down by over 60% from its all-time high of $3.6. This consolidation continued despite the major progress that Ripple Labs is making. Ripple

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Delta Air Lines stock price analysis and earnings preview: buy or sell?

Delta Air Lines stock price has done better than other American airlines during the ongoing Iran war. It has jumped by 5% in the last 30 days, while other companies like Southwest, United Airlines, and American Airlines have dropped by over 10% in this period.  DAL stock vs other top airlines | Source: TradingView Delta

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